A life estate is a type of real property interest that grants someone ownership rights for their lifetime or someone else’s lifetime, and grants a future interest in another person or persons, known as “remainderman” or “remaindermen.” The owner of the life estate, known as the “life tenant,” generally has the right to possess and […]
How Do You End a Life Estate? Read More »
When people pass away, they often leave behind bank accounts, investments accounts, retirement accounts, real property (homes, rental properties, etc.) and other personal assets as inheritance for their survivors. But how do two or more siblings divide up inherited real estate and other property? This question has caused countless family quarrels. However, you can take
How To Divide Inherited Property Between Siblings? Read More »
A trustee does not need beneficiary approval to sell trust property. However, a trustee who wants to avoid litigation would be wise to at least seek approval of the trust beneficiaries, and, at a minimum, be able to substantiate why the property was sold and how that sale benefited the trust beneficiaries. Have questions? Schedule
Can a Trustee Sell Property Without All Beneficiaries Approving? Read More »
Contesting a trust can be financially challenging, time consuming and emotionally taxing. Lawsuits are expensive. Gathering the information you need to support your case. Filing your contest petition with the court. Taking discovery. Participating in mediation or a settlement conference. Taking your case to trial with experts to help prove your case. All these things cost
How Hard Is It to Contest a Trust? Read More »
Upon losing her husband, the determination of what the surviving wife will inherit will be based on a combination of state law, the husband’s last will and testament, his revocable living trust, any irrevocable trusts, retirement account beneficiary designations, payable-on-death or transfer-on-death account designations, pre-nuptial agreements, post-nuptial agreements, and potentially other estate planning documents. However,
When a Husband Dies, What Is the Wife Entitled To? Read More »
Muchos residentes de Florida crean fideicomisos como parte de su planificación patrimonial para simplificar la distribución de sus bienes y proteger su privacidad. En contraste a los testamentos, los fideicomisos usualmente no requieren administración judicial de la herencia y no se convierten en récord público al administrarse, a menos que alguien inicie litigio relacionado al
¿Cómo se disputa un fideicomiso en Florida? Read More »
RMO, LLP Trust litigation attorneys and probate lawyers. We protect people like you, Every day. | Call: 424-320-9444 l Email: [email protected]
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